ICICI Lombard General Insurance Company Limited has informed the Exchange regarding 'Letters sent to holders of physical shares to furnish KYC details pursuant toSEBI Circular dated March 16, 2023'.
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ICICI Lombard General Insurance Company Limited has informed the stock exchange that it has sent letters to shareholders who hold shares in physical form, asking them to update their KYC (Know Your Customer) details. This action is being taken in line with a SEBI (Securities and Exchange Board of India) circular dated March 16, 2023. Physical share holders who do not update their KYC details may face restrictions on their share transfers or other corporate actions. Share holders can submit the required documents including PAN, address proof, bank details, and specimen signature to the company's registrar.
This is a routine regulatory compliance announcement and is not expected to have any material impact on the stock price. Share holders holding shares in physical (paper) form should update their KYC details promptly to avoid any inconvenience in processing future corporate actions such as dividends or share transfers.